Strong Growth Prospects for the Chinese Economy

FIVE years after the onset of the global financial crisis the world economy is finally revving up - a recovery led by emerging economies that include China. Tables 1 and 2 below show that, despite a slowdown compared with last year, the year-on-year and quarter-to-quarter growth rate of the Chinese economy still outpaces that of the U.S.     

China’s FDI on the Go

CHINA has been a recipient of foreign direct investment (FDI)for some time, starting when the country embarked on reforms and opened-up in the late 1970s.Inflows of FDI were US $1.956 billion in 1985 and by last year had risen to a staggering US $111.716 billion, with an annual increase of 15.54 percent. During     

nternotionolizotion： A Long Way for Chinese Overseas Companies

SINCE the outbreak of the global financial crisis, China＇s outward FDI （Foreign Direct Investment） has increased dramatically, with a relatively high average sales profit margin and strengthened international standing. The internationalization level of these firms, however, remains low. They still have a long way to go to attain the international status of transnational or multinational corporations.     

Railways Under Reform

The aim of the reform is to allow government and businesses to carry out their respective functions by separating railway network management     

The Promise of Fruitful Sino-British Cooperation

正RELATIONS between Britain and China date back to antiquity,founded on ancient trade and missionary contacts.Beginning in the 1830s,Britain was the first country to industrialize and become a world economic power.In the Opium Wars Britain forced China to open its doors,bringing the country into     

China Accelerates Transformation of Its Economic Development Model

正SINGAPORE,China’s Hong Kong,China’s Taiwan and South Korea all achieved miraculous economic development as early as the 1970s.These so-called"Four Little Dragons"rapidly became high-income economies with signifi cantly improved living standards.Since the 1990s,however,Asian developing countries such as China have experienced faster,more conspicuous economic growth than any other region in the world.     

Deepening Reforms to Accelerate the Construction of a Moderately Prosperous Society

CHINESE leaders reiterated the goal of building a moderately prosperous society at the 18th CPC National Congress in November,2012.At the very onset of China’s opening-up and reform,the Chinese government set the goal of common prosperity for the people.Under the economic and social circumstances of that time,China,nevertheless,wisely accepted the reality that it had to allow part of     

Cooperation Is Integral to the Sino-U.S.Economic Relationship

THE strong economic connections between China and the U.S. are understandably at the core of bilateral ties. Developments in the two countries’ economic relationship are keenly watched by the rest of the world. In this context, the recent visit to the U.S. by Chinese Vice President Xi Jinping, not long before the 18th CPC National Congress (to be held in the latter half of this year)     

Chinese Economy:On the Path of Scientific Development

SINCE its entry into the WTO at the end of 2001, China has merged with the world economy and has seen rapid economic growth. By the end of 2011, China’s GDP went up from RMB 11 trillion to RMB 47.2 trillion, with an average annual growth of 10.4 percent over the past decade. As a result,